GVP Infotech Limited — Important, 14-07-2025: Updates
14-07-2025 | 04:00 pm
14-07-2025 | 04:00 pm
GVP Infotech's promoter group, currently holding 86.98%, is progressing towards the 25% Minimum Public Shareholding (MPS) target by September 6, 2025. As part of this effort, the promoter has sold 0.035 Cr Rights Entitlements and intends to sell the remaining 1.806 Cr Rights Entitlements in the open market. This strategic divestment aims to increase the public float and ensure regulatory compliance, aligning the company's shareholding structure with market norms after its resolution plan.
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